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General Discussion / BitShares X Trustee
« on: March 28, 2014, 05:12:09 pm »
Can we discuss the latest change suggested by bytemaster?
Is there a whitepaper or more detail on how this would work? Given that this is added in the last minute, I'd like to discuss and make sure there are no attack vectors.
If we are introducing trustees then this is no longer decentralized exchange. I've been mulling over a similar idea where trustees would have to deposit BTC sort of like a license/insurance, that they will not mess with the network, but get commissions off of the transactions, if they get caught not doing the right thing - they get booted and the BTC goes to reimburse affected parties.
In any case - I'd like to see a diagram of how the ecosystem works.
Is there a whitepaper or more detail on how this would work? Given that this is added in the last minute, I'd like to discuss and make sure there are no attack vectors.
If we are introducing trustees then this is no longer decentralized exchange. I've been mulling over a similar idea where trustees would have to deposit BTC sort of like a license/insurance, that they will not mess with the network, but get commissions off of the transactions, if they get caught not doing the right thing - they get booted and the BTC goes to reimburse affected parties.
In any case - I'd like to see a diagram of how the ecosystem works.
